PROBLEM 6 Liwanag Company reported an imprest petty cash fund of P50,000 with the following details: Currencies 20,000 Coins 2,000 Petty cash vouchers: Gasoline payments for delivery equipment 3,000 Medical supplies for employees 1,000 Repairs of office equipment 1,500 Loans to employees 3,500 A check drawn by the entity payable to the order of Grace de la Cruz, petty cash custodian, representing her salary 15,000 An employee check returned by the bank for insufficiency of fund 3,000 A sheet of paper with names of several employees together with contribution for a birthday gift of a co-employee. Attached to the sheet of paper is a currency of 5,000 10 points What amount of petty cash fund should be reported in the statement of financial position? *